Archive for the 'Xact' Category
Sirius Radio Manufacturer Xact sues Sirius for $48 million
Thursday, March 1st, 2007![]()
Just coming in over the wire:
-Sirius: Radio Maker Alleges Pact Breach, Seeks $48M Damages
-Radio Maker Alleges Sirius Withheld Info On FCC Inquiry
Sirius Satellite Radio hardware manufacturer US Electronics, publicly known as Xact, has sued Sirius for $48 million, saying that Sirius has not paid monies due, interfered with US Electronics establishing relations with other companies, and also that Sirius withheld information about last year’s FCC inquiry into the FM transmitters in radios.
Sirius, is claiming that its contract bars them from paying $41 million of the lawsuit to US Electronics due to limitation of liability provisions in the contract that was signed, and that they will fight this. The case will go to arbitration.
It looks like this could be the reason that US Electronics stopped producing radios last year, and also why a company called “Advanced Global Technology” started producing the Sportcaster for XM last year that looked similar to many of the other Xact radios, including the ReGo prototype that they designed for Sirius. While we have never confirmed it, Advanced Global Technology is similar to Xact, in that both websites never reference their parent company, and the radios are strikingly similar.



